Requisition number: 50002460 Title: Director, Financial Institutions Location: Hong Kong
Dual-headquartered in New York and London, Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.
Fitch Solutions delivers credit market data, analytical tools and risk services to the global financial community. In addition to offering proprietary market based content, Fitch Solutions distributes the ratings, research and financial data of Fitch Ratings through a variety of flexible platforms. With innovation and experience behind every solution, Fitch Solutions helps financial professionals meet the diverse and evolving needs of today's global markets.
Fitch Ratings and Fitch Solutions, along with Fitch Learning and BMI Research, are part of the Fitch Group, a global leader in financial information services with operations in more than 30 countries. Fitch Group is majority-owned by Hearst .
Fitch complies with all laws governing employment in each jurisdiction in which it operates, and provides equal opportunity to all applicants and employees. All applications will be considered without regard to race, colour, religion, gender, national origin, age, disability, marital or veteran status, sexual orientation, and other status protected by applicable laws.
The Fitch Ratings Financial Institutions (FI) Group has actively built Fitch into a global leader in bank credit rating coverage.
The FI Group's rating process utilises a set of rating scales that are unique to Fitch Ratings. Quantitative aspects of a financial institution's strengths and weaknesses are reviewed, such as balance sheet integrity, profitability, cash flow generating ability and risk management. The analysts evaluate qualitative factors of the institution such as strategy and quality of management, the environment in which it operates and the most likely future development of its business. Final rating determinations are made in rating committees comprised of lead analysts and seasoned independent committee members, including Fitch Ratings senior management.
The Director will support the development of Fitch's franchise in the region by increasing the breadth and depth of FI credit research with a primary focus on Hong Kong. They will develop in-depth knowledge of the Fitch-rated companies and general credit trends, producing high-quality research and ratings reports. Duties include:
Act as lead analyst on rating mandates or support/guide other analysts on rating exercises
Support team head and mentor junior analyst
Conduct regular Issuer/Sector/Market research for the purpose of analysis, compile reports and committee packages
Publish external research (including issuer reports, special sector reports, presentations)
Maintain files in accordance with internal policies in relation to meetings, committee documentation and external correspondence
Engage in external outreach (including analytical meetings, investor & banker meetings and select media engagements)
Participate in rating committees and other internal analytical discussions
Financial data entry and maintain up-to-date databases/systems
Qualifications and experience:
A minimum of 8 years Hong Kong/Greater China credit experience working in another rating agency, bank / investment bank, regulator, investment manager (or similar institution) or consultancy/accounting firm
Demonstrably strong business English and Mandarin written and speaking skills are essential
Ability to analyse financial institutions in depth for the purpose of assigning credit ratings
Resourcefulness in terms of managing challenges associated with data collection and analysis in markets such as China
Strong analytical and quantitative skills
Ability to work well independently in an international environment as well as in a small team, is essential
Ability to communicate well with internal and external constituents (including investors, bankers, regulators and media)
10% Travel will be required.
To apply, please submit a short cover letter detailing your suitability for the role plus up-to-date CV and current compensation details. We regret we are only able to respond to successful applicants.